Yuanta Financial Holding Co. Ltd.TWSE: 2885

YFH announces board resolution of Yuanta Life to increase NT$3,000,000,000 of capital

· Issued by Yuanta Financial Holding Co. Ltd.

Date of the board of directors resolution: 2024/07/30.

Source of capital increase funds: Yuanta Financial Holding Co., Ltd.; the parent company holds 100% shares of Yuanta Life.

Whether to adopt shelf registration (Yes, please state issuance period/No): No

Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in capital increase from earnings or capital surplus): NT$3,000,000,000 (300,000,000 shares)

If adopting shelf registration, monetary value and number of shares to be issued this time: N/A

The remaining monetary value and shares after this issuance when adopting shelf registration: N/A

Par value per share: NT$10 per share

Issue price: NT$10 per share

Number of shares subscribed for by or allocated to employees: N/A

Number of shares publicly sold: N/A

Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: 100%

Handling method for fractional shares and shares unsubscripted for by the deadline: N/A

Rights and obligations of these newly issued shares: Same as existing shares.

Utilization of the funds from the capital increase: To furnish the operating capital, strengthen the financial structure and increase capital adequacy ratio and net worth ratio of the company

Any other matters that need to be specified: N/A

(C) 2024 Electronic News Publishing, source ENP Newswire

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